Strong sell pressure on Thursday pushed the corn market 5 to 8 cents weaker and held futures near the lows through the afternoon. Prices ultimately ended the day fractionally off their lows with 5 ¼ to 7 ½ cent losses. USDA’s mandatory reporting system announced a 100k MT old crop...
U.S. wheat futures firmed up in the afternoon portion of Thursday to close off the daily lows, but prices were still down by double digits on the day. SRW futures ended the day with 1.8% to 2.4% losses across the front months, as May fell by 12 cents/bu. That led...
Cattle futures flipped back to red on the weekly charts on Thursday with $1.85 to $2.97 losses on the day. April futures still hold a premium out to Dec. Feeders led the way lower on the day with losses of as much as 1.8% as April closed $4.67 in the...
The cotton market pushed lower on Thursday with triple digit losses for the old crop contracts. May futures saw a 234 point range on the day from -170 to +64 so far. New crop cotton was also weaker though losses were limited to 53 points. OI in Dec is still...
Lean hog futures printed a triple digit range on the session from -80c to +23c (June), and closed mostly lower. April hogs tightened the discount with a 15c gain for the day, but is still $16.40 under the June contract. USDA’s National Average Base Hog price was $1.27 stronger on...
Front month soybean futures were mixed within 1 ½ cents at the close. The old crop contracts went home red with new crop in the black. Nov futures saw a 16 ¾ cent range on the day. Nearby Soymeal futures closed with $1 to $1.20/ton gains. Soy Oil futures were...
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.30%. Stocks on Thursday closed mildly lower on the bearish PPI and retail sales...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
In trading on Thursday, shares of Huntsman Corp (Symbol: HUN) crossed below their 200 day moving average of $25.43, changing hands as low as $25.04 per share. Huntsman Corp shares are currently trading off about 1.7% on the day. The chart below shows the one year performance o
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
In trading on Thursday, shares of Globus Medical Inc (Symbol: GMED) crossed below their 200 day moving average of $53.31, changing hands as low as $51.21 per share. Globus Medical Inc shares are currently trading down about 6.4% on the day. The chart below shows the one year p
The S&P 500 Index ($SPX ) (SPY ) is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.13%. Stocks faded from early gains and are currently trading mildly lower on today's bearish PPI...
Palantir stock has more than tripled in the last 12 months, making it quite expensive at the current valuation. Can the AI tech stock continue to surge in 2024?
Knight-Swift Transportation Holdings Inc. KNX benefits from its shareholder-friendly initiatives. The company recently announced a hike in its dividend payout. KNX’s board of directors approved a dividend hike of 14.2%, thereby ra
iRobot Corporation IRBT is benefiting from solid product offerings and customer base. Innovation capabilities, expansionary vision, operational initiatives and manufacturing in China and Malaysia should drive the company’s growth.
Realty Income, The Monthly Dividend Company—, today announced it has declared an increase in the company's common stock monthly cash dividend to $0.2570 per share from $0.2565 per share. The dividend is payable on April 15, 2024, to stockholders of record as of April 1, 2024. Th
The dollar index (DXY00 ) is moderately higher by +0.41% on today’s hawkish U.S. PPI report, which caused market participants to slightly dial back expectations for a Fed rate cut within the next few months. The dollar index is also seeing support from today’s sharp +10 bp rise in the...